It doesn’t seem to bother ZeroHedge that “Hayman Private Equity” doesn’t turn up on Google (except for a coupleof entries linked to commercial real estate investment). It doesn’t seem to bother them that the company’s listed email address goes to a domain owned by squatters. It doesn’t seem to bother them that a EUR-denominated loan’s being priced against LIBOR (the EUR equivalent is Euribor).

For christ’s sake, it doesn’t even look legitimate. It looks like a bad MS Paint job. This is made of fail.

Update: Let’s be charitable to ZH for a moment and assume the documents are real. If they are, there’s one interesting possibility – it could be a Greek version of Australia’s Loans Affair of the mid-1970s.

In 1975, the government under Gough Whitlam tried to raise a ridiculously large amount of money (AUD$4 billion) to fund Australian mining development. But instead of tapping the bond markets like a non-crazy country, they went to some random commodities broker named Tirath Khemlani who claimed he could raise a chunk of Arab petrodollars – for a sizable fee, payable in advance.